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Balance Sheet Cash Flow Statement 3760 Kilroy Airport Way, Ste. 300 Long Beach, CA 90806 CA Tel. 562-733-5100 Toll Free 888-604-1990 Fax 562-733-5200 |
Type: Public
On the web:
http://www.hcpi.com
Employees:
144
Employee growth: (4.6%)
Old age isn't for sissies, but as far as HCP (formerly Health Care Property Investors) is concerned, it is for making money. HCP is a real estate investment trust (REIT) that invests in, develops, and manages health care facilities, including senior living facilities. It owns or has stakes in about 700 properties throughout the US; holdings also include medical offices, physician group practice clinics, hospitals, and health care laboratories. The company also provides mortgage financing on health care properties. HCP concentrates on health care real estate because it is one of the largest sectors of the US economy. As the US population ages, the need for medical treatment and senior living facilities grows.
Key numbers for fiscal year ending December, 2008:
Sales: $1,025.8M
One year growth: 4.4%
Net income: $448.5M
Income growth: (23.9%)
Officers:
Chairman, President, and CEO: James F. (Jay) Flaherty III
EVP Operations: Donald S. (Don) McNutt
EVP and CFO: Thomas M. (Tom) Herzog
Competitors:
Health Care REIT
Healthcare Realty Trust
Ventas
